Dave & Buster’s Entertainment (PLAY)

Gross profit margin

		Feb 4, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Nov 1, 2020	Aug 2, 2020	May 3, 2020	Feb 2, 2020	Nov 3, 2019	Aug 4, 2019	May 5, 2019
Gross profit (ttm)	US$ in thousands	1,728,800	1,701,900	1,713,277	1,674,582	1,568,482	1,391,694	1,267,057	1,197,551	1,038,655	865,323	704,527	440,477	361,607	552,402	708,430	951,257	1,121,380	1,106,955	1,093,188	1,071,844
Revenue (ttm)	US$ in thousands	2,065,800	2,035,652	2,050,484	2,003,725	1,877,325	1,668,361	1,520,082	1,432,751	1,243,626	1,035,659	840,158	527,081	436,512	666,849	857,149	1,150,915	1,354,691	1,339,317	1,322,104	1,296,693
Gross profit margin		83.69%	83.60%	83.55%	83.57%	83.55%	83.42%	83.35%	83.58%	83.52%	83.55%	83.86%	83.57%	82.84%	82.84%	82.65%	82.65%	82.78%	82.65%	82.69%	82.66%

February 4, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,728,800K ÷ $2,065,800K
= 83.69%

The gross profit margin of Dave & Buster’s Entertainment has shown a relatively stable and high performance over the past several quarters, ranging between 82.65% and 83.86%. This indicates that the company has been effectively managing its production and operational costs in relation to its revenue generation. The consistently high gross profit margin suggests that Dave & Buster’s has been efficient in controlling its cost of goods sold, resulting in a strong profitability at the gross level. Overall, the company's ability to maintain a high gross profit margin reflects its competitive position and operational efficiency within the leisure and entertainment industry.